Rent to own Homes in Palmdale, CA
Palmdale is situated right in the middle of northern Los Angeles County in California, but is separated from LA by the San Gabriel Mountains. Over the last 25 years, the city has consistently been one of top 25 fastest growing cities in the United States, in terms of population percentage increase. Palmdale is known for being a close-knit family community with a high quality of life, and it includes a ski resort, a PGA-level golf course, and a world-class medical facility called the Palmdale Regional Medical Center. In addition, the area features a shopping mall called Antelope Valley Mall, which covers over a million square feet of shopping space.
Palmdale, CA is a great place for affordable rent-to-own homes! With a median household income of over $65,444 and a median rent of $1,333, the Palmdale, CA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Palmdale, CA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Palmdale, CA Property Resources
Rent to own Homes in Cities Near Palmdale, CA
- Acton
- Agua Dulce
- Canyon Country
- Desert View Highlands
- Edwards
- Edwards AFB
- Elizabeth Lake
- Glendale
- Green Valley
- La Canada Flintridge
- La Cañada Flintridge
- La Crescenta
- La Crescenta-Montrose
- Lake Hughes
- Lake Los Angeles
- Lancaster
- Leona Valley
- Littlerock
- Llano
- Los Angeles
- Mojave
- Newhall
- Palmdale
- Pasadena
- Pearblossom
- Quartz Hill
- Rosamond
- Santa Clarita
- Sunland
- Sun Village
- Sylmar
- Tujunga
- Valyermo
Neighborhoods in Palmdale, CA
No neighborhoods foundPopular Zip Codes in Palmdale, CA
93552 rent to own homes 93599 rent to own homes 93551 rent to own homesBuying a Home in Palmdale, CA
Palmdale, CA is seeing rapid growth and Palmdale, CA's' housing market remains not optimal with an average home price that is 39% above the 2024 national average. Palmdale, CA is part of Los Angeles county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Los Angeles is 0.59% which is below the national average, which is 0.99%.
Median Home Price in Palmdale, CA
Median Rent in Palmdale, CA
Top Reasons to Live in Palmdale CA
Housing Statistics Palmdale has a population of 155,650, split fairly evenly between men and women, and a median age of under 30 years. The estimated median household income as of 2011 was $50,394, with an estimated per capita income of $17,206. The average listing price for households is $262, with 196 listed as of August 2013. The median sales price of $186,000, coming from a total of 683 sales so far this year. The vacancy rate in Palmdale is 7.72%, and 29.62% of the homes here are renter occupied while 62.67% are owner occupied.
Tourist Attractions One of the most popular attractions in Palmdale is the Drytown Water Park, a simple, family-friendly park that is perfect for those long, hot days in the desert. Another popular attraction among visitors is Rainbow Ridge Ranch, which offers horseback riding for people of all abilities across miles of beautiful trails and scenic routes. When arriving or leaving Palmdale, you may also find yourself traveling along Route 138, or Pearblossom Highway, which is a wonderfully scenic route that's best to travel during spring. Along the route is a great farmer's market, and you'll be able to stop off at regular points to take some pictures of the wonderful scenery all around you. For those who like to get out and be more active, the Devil's Punchbowl, a natural hiking reserve that's reminiscent of a miniature Grand Canyon, is well worth a look. In addition, Mountain High ski resort near Wrightwood is perfect for winter snow sports.
Local Events and Festivals As with many suburban cities, Palmdale has a range of local events and festivals that are great fun for the whole family. For the more distinguished adventurers, the Palmdale Jazz and Wine Festival is a great option, attracting talented jazz musicians to the Palmdale Amphitheatre at Marie Kerr Park each September. When the leaves start the change, that means it's time for the Fall Festival. This two-day event attracts more than 50,000 people each year, offering live music, arts and crafts stalls, community art exhibits, and locally-grown produce. During August, the Antelope Valley Fair and Alfalfa Festival runs for 11 days and offers musical concerts, bull riding, motor shows, carnival rides, great food stalls, and much more. Tickets are fairly cheap and it's a great day out for the whole family. If nature is more your thing, the California Poppy Festival might be for you. Held in nearby Lancaster City Park, this festival provides arts, carnival games and rides, live music, and environmental displays. Finally, you can also get involved in the annual Christmas Parade held each year on the second Saturday in December, offering wonderful festive marches and displays for the whole family.
Local Sports If you're moving into a rent to own home or are buying a property outright in Palmdale and have a passion for sports, you'll want to know what local sports teams are available for you to support. If you're looking for professional sporting teams, your allegiance will have to be toward the Dodgers, Lakers, and Clippers in Los Angeles. For amateur sports teams, the JetHawks in nearby Lancaster compete in minor league baseball. For the younger kids, Palmdale Little League is a fun way to get exercise and be healthy.
School Systems Palmdale has one high school district and three different elementary school districts. The Palmdale school district is one of the largest in the US, with 29 different schools educating about 28,000 students covering kindergarten through 8th grade. On the western side of Palmdale lies the Westside Union School District, with more than 8,250 students in 11 schools, and in the east of Palmdale is the Keppel Union School District, with 3,000 students in 6 schools. For 9th to 12th graders, the Antelope Valley Union High School District has roughly 25,000 students in 12 schools, not including private school students. In addition, in August 2012, the Palmdale School District, city of Palmdale, and AERO Institute collaborated to create a new independent charter school, the Palmdale Aerospace Academy, providing an environment of project-based learning in a STEMcentric learning community.